Swiss National Bank Has $50.52 Million Stock Position in Bunge Global SA $BG

Swiss National Bank increased its stake in shares of Bunge Global SA (NYSE:BG) by 3.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 397,200 shares of the basic materials company’s stock after buying an additional 13,500 shares during the period. Swiss National Bank’s holdings in Bunge Global were worth $50,524,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Quest 10 Wealth Builders Inc. acquired a new stake in Bunge Global in the 4th quarter valued at about $27,000. CYBER HORNET ETFs LLC acquired a new position in shares of Bunge Global during the second quarter worth approximately $31,000. MUFG Securities EMEA plc bought a new stake in shares of Bunge Global during the second quarter valued at approximately $32,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Bunge Global during the fourth quarter valued at approximately $35,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA increased its holdings in shares of Bunge Global by 152.9% in the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 430 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 260 shares in the last quarter. Institutional investors own 86.23% of the company’s stock.

Wall Street Analysts Forecast Growth

BG has been the subject of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. Zacks Research lowered Bunge Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. BMO Capital Markets lifted their target price on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Finally, Barclays boosted their target price on Bunge Global from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $132.67.

Bunge Global Stock Up 2.0%

Shares of NYSE BG opened at $124.04 on Thursday. Bunge Global SA has a 1 year low of $74.95 and a 1 year high of $134.87. The firm’s 50-day moving average is $118.53 and its 200-day moving average is $118.83. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $24.07 billion, a PE ratio of 28.91 and a beta of 0.65.

Bunge Global (NYSE:BG) last posted its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.86. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The business had revenue of $21.86 billion during the quarter, compared to the consensus estimate of $23.38 billion. During the same period in the previous year, the firm posted $1.81 earnings per share. Bunge Global’s revenue for the quarter was up 87.8% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities analysts expect that Bunge Global SA will post 9.74 EPS for the current year.

About Bunge Global

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.